Nest Uses Its Data To Turn Electric Utilities Into Cash Cows

This entry was posted by Kevin Bowman on April 18, 2014 at 4:35 pm

When Google acquired smart thermostat maker Nest for $3.2 billion, the startup quickly stated that it would never share its user data with other Google services and outside companies. But according to a recent report by Forbes, the company is taking advantage of its data to create a lucrative revenue stream from electric utilities. “Our privacy policy clearly limits the use of customer… Read More